In observance of the Independence Day federal holiday, the New York Stock Exchange and Capital Group’s U.S. offices will close early on Thursday, July 3 and will be closed on Friday, July 4. On July 3, the New York Stock Exchange (NYSE) will close at 1 p.m. (ET) and our service centers will close at 2 p.m. (ET)
The amount of money that you can contribute to your retirement plan account each year has generally increased over time. The table below shows the contribution limits for various account types. Check with your employer about any specific contribution limits for your plan.
Tax year |
Age 49 and under |
Ages 50–59 and 64 and over |
Ages 60–63 |
|---|---|---|---|
2025 |
$23,500 |
$31,000 |
$34,750 |
Tax year |
Age 49 and under |
Age 50 and over |
|---|---|---|
2025 |
$7,000 |
$8,000 |
|
|
|
Additional catch-up salary deferral contribution if permitted by plan |
|
|---|---|---|---|---|
Tax year |
Plan size (# of employees) |
Ages 49 and under |
Ages 50–59 and 64 and over |
Ages 50–59 and 64 and over |
2025 |
25 or fewer |
$17,600 or 100% of participant compensation, whichever is less |
$3,850 |
$5,250 |
2025 |
26 or more |
$16,500 or $17,600 if higher employer contributions are made* |
$3,500 or $3,850 if higher contributions are made* |
$5,250 |
* For employers with 26–100 employees (who earned at least $5,000 in the prior year) who elect to increase their matching contributions to 4% or nonelective contributions to 3%, the higher employee contribution limit and catch-up limit apply.